J.P. Morgan Asset Management (JPMAM) has made a senior hire from AllianceBernstein to lead its Netherlands institutional business.

Ronald Nagel will take up the role of Head of Netherlands Institutional Business in Amsterdam on 1 July. Responsible for building the asset manager’s institutional presence in the Netherlands, he will lead a team of advisers to seek Dutch clients and prospects.

Nagel will also take over client relationships from Brian Strange, who is preparing to step down for retirement in 2012. For seven years, Strange has worked with institutional clients in the Netherlands. He has been in financial services for more than 35 years, with 12 of those spent at JPMAM.

Nagel moves from AllianceBernstein, an asset manager which like JP Morgan holds its roots in the US, where he acted as Managing Director for Benelux Institutions.